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National Savings Certificate • Government Guaranteed

NSC Calculator

Calculate returns on National Savings Certificate. Enjoy guaranteed returns with tax benefits under Section 80C.

₹
₹1,000₹20L

Interest Rate

Fixed by Government (FY 2024-25)

7.7%

Lock-in Period

Fixed tenure

5 Years

Tax Benefits

Investment qualifies for deduction under Section 80C. Interest earned is taxable but can be claimed as reinvestment deduction until maturity.

Maturity Amount (After 5 Years)

₹1.45 L

44.9% Total Return

Principal

₹1.00 L

Interest Earned

₹44,903

80C Deduction

Up to ₹1.5L

Interest %

31%

Year-wise Growth

YearValueInterest
Year 1₹1,07,700₹7,700
Year 2₹1,15,993₹15,993
Year 3₹1,24,924₹24,924
Year 4₹1,34,544₹34,544
Year 5₹1,44,903₹44,903

Understanding National Savings Certificate (NSC)

What is NSC?

NSC is a fixed-income investment scheme offered by post offices. It provides guaranteed returns backed by the Government of India with a 5-year lock-in period.

Interest Calculation

Interest is compounded annually but paid only at maturity. The interest earned each year is deemed to be reinvested and qualifies for 80C deduction.

Where to Buy

NSC can be purchased from any post office. There is no maximum investment limit. Minimum investment is ₹1,000 and multiples of ₹100 thereafter.

Disclaimer: Mutual Fund investments are subject to market risks. Read all scheme related documents carefully before investing. Past performance is not indicative of future returns.

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